Cost error message at the point of saving a Process Order

Dear Experts,
Raw Materials R458 and R467 are processed to produce semifinished material S229
While creating a Process Order for material S229, at the point of saving the process order I get the following error messages:
1 No cost element segment exists for 21501000 on 07.07.2011
2 Cost Element Group 2950 does not exist
At the point of saving, cost gets calculated by the system.
Which account(s) is this cost posted to?
Is it the ''Offsetting entry for inventory posting'' account of the Raw materials R458 and R467? or
Is it the ''Offsetting entry for inventory posting'' account of the Semi material S229? or
Is it the Cost Center to which the Resource is assigned to?
How can I view this calculated cost value within the particular account?

Hi,
1. For error No cost element segment exists for 21501000 on 07.07.2011
Can you check whether you have maintained valuation type in the accounting tab? Also have you maintained costing tab? If you have maintained then go to OBYC that is in GBB with account key VBR GL may have not maintained. Ask your FICO guy to check this.
2. For error Cost Element Group 2950 does not exist
Go to below link
Cost element group does not exist. S_ALR_87013620 report
Regards / US

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